Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Summary Of Computation Of Basic And Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three months and nine months ended September 30, 2021 and 2020.

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except share and per common share data)	2021		2020		2021		2020
Numerator:
Net income	$	35,434	$	30,846	$	117,397	$	82,723
Denominator:
Weighted-average common shares outstanding	16,292,312		16,300,720		16,315,996		16,300,250
Effect of dilutive PBRSUs and TBRSUs	131,600		93,072		129,572		98,100
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,423,912		16,393,792		16,445,568		16,398,350
Earnings per common share:
Basic earnings per common share	$	2.17	$	1.89	$	7.20	$	5.07
Diluted earnings per common share	$	2.16	$	1.88	$	7.14	$	5.04